A wrap of the day’s activity on the Australian stock market.
Telstra has updated the market on its plans for the mobile segment but broker reactions varied from enthusiastic to cool.
Consumer confidence fell sharply in May and UBS contemplates the outlook for retailers. Dun & Bradstreet reports on household financial stress levels.
Fisher & Paykel Healthcare delivered a record profit in FY14 but remains cautious regarding FY15 growth, as currency hedges are due to roll off and ResMed is lurking.
A wrap of the day’s activity on the Australian stock market.
Regis Resources has lost its premier position in broker preference as it downgrades production guidance and raises cost expectations.
The Australian government’s plans to introduce a GP co-payment had a negative initial impact on key healthcare stocks but brokers believe panic is premature.
Weekly update on recommendation, target price, and earnings forecast changes.
FNArena’s weekly update on short positions in the Australian share market.
Brokers update their views on the Australian Big Banks post the bank result season.